Golden Minerals Company (NYSE American:AUMN) traded at a new 52-week high today of $1.30. Approximately 15.4 million shares have changed hands today, as compared to an average 30-day volume of 2.1 million shares.
In the past 52 weeks, Golden Minerals Company share prices are bracketed by a low of $0.13 and a high of $1.30 and is now at $0.95, 611% above that low price.
Golden Minerals Co is a US-based exploration stage company. It is engaged in mining, construction, and exploration of precious metals and mineral properties. It owns and operates Velardena and Chicago precious metals mining properties and associated oxide and sulfide processing plants in the State of Durango, Mexico, the El Quevar exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located in or near historical precious metals producing regions of Mexico. The company’s business is structured into two divisions, its Velardena Properties in Mexico and the other comprised of non-revenue producing activities including exploration, construction and general and administrative activities.
Potential upside of 10.0% exists for Golden Minerals Company, based on a current level of $0.95 and analysts’ average consensus price target of $1.04.
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